Announcing Update Your Will Week 2023
23rd – 29th January is Update Your Will week, an awareness campaign hosted by Solicitors for the Elderly (SFE), to encourage more people to update their will and ensure their wishes are carried out when they die. This helps minimise disputes – easing stress, and costs, for your loved ones.
New research commissioned by SFE revealed only 56% of UK adults have updated their will within the last five years, meaning around half of wills are out of date. It also showed that half of UK adults have experienced a life changing event, such as getting married, divorced, or having a child, since last updating their will.
We recommend that Wills are reviewed every three to five years, or when a major change occurs that impacts you or your loved ones.
In addition, the research revealed that almost three quarters (70%) of parents in the UK have no legal guardian in place to care for their children in the event of their deaths. According to the research, parents are almost completely unaware of the risks of not identifying a legal guardian in a Will. With only two out of ten parents understanding that social services or the courts can step in to decide what happens to your children if you don’t have a Will in place, Hatchers Solicitors is keen to raise awareness of the risks involved when a guardian isn’t appointed.
Speak to a member of our Team about making changes to an existing will or creating a new one.
Victoria Pugh, Associate Chartered Legal Executive at Hatchers is a member of SFE, a national organisation of lawyers specialising in advising people planning for later life. Victoria comments, “Here at Hatchers, we can provide support and guidance as you discuss your unique situation and wishes. We can also help reduce your inheritance tax bill. SFE lawyers are experts in this area of law and follow a strict code of conduct which has respect and dignity at its heart. Communicating in a clear, straightforward language, members are trained to make sure you understand the important decisions you’re making.”
Get in touch with us today and make sure your wishes are communicated when you die. Victoria can be contacted on 01743 237668 or email: v.pugh@hatchers.co.uk.
Alternatively, please contact Hatchers on 01743 248545 or email: mail@hatchers.co.uk
